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...Ford Foundation last year handed out money at the rate of $4,600,000 a week, most of it to schools and scholars, for a total of $241,544,000. Income from its investment portfolio, which includes 46,284,000 shares of Ford Motor Co. stock and shares of 126 other corporations, was a glaring $94,601,000 less than outgo. But no matter how much it spends, the Ford Foundation can't get poorer. Cautiously raising the book value of its Ford stock from $30 to $33 per share, still well below the market value, the Foundation reported...

Author: /time Magazine | Title: Foundations: Giving Out & Getting Richer | 1/15/1965 | See Source »

Supremacy of the West. Since the new nations must undergo a change of heart before they can progress, writes Sinai, the West is wasting its time with economic aid, which is tantamount to "pouring oil into a motor with ruined cylinders." It is also unrealistic to expect them to be democratic. They are so far behind the West that it takes a strong man to pull them up. Such a leader is likely to be an "exceedingly unattractive specimen," obsessed with the idea of modernization and oblivious to the niceties of diplomacy. And since he has to take so many...

Author: /time Magazine | Title: Books: In Search of a Faust | 12/18/1964 | See Source »

...somehow it was different in an 80-bed hospital serving 100,000 potential patients, particularly since the chief surgeon also had to patch broken tie rods on his truck-cam-ambulance with vines, build cookhouses, make house calls on a motor bike, and still handle at least one major operation...

Author: /time Magazine | Title: Africa: The Congo Massacre | 12/4/1964 | See Source »

...need for secrecy was so important that in the midst of negotiations, Roosa even donned a tuxedo in the office and went off to a scheduled piano recital at the Polish embassy lest anyone suspect by his absence what was afoot. He kept a car waiting outside with its motor running, just in case...

Author: /time Magazine | Title: Money: A Heroic Defense | 12/4/1964 | See Source »

...Nichols play is a busy, gymnastic comedy of the absurd. Characters grunt and wheeze, climb stairs, assemble rusty iron beds, ride motor scooters, lose their pants, leap off bridges, throw knives. But the procession of sight gags only emphasizes the drift of the dialogue, supporting and not replacing the language of the playwright. As he approaches character from several directions, Nichols apparently feels particularly comfortable in a tenor of intelligent slapstick...

Author: /time Magazine | Title: Broadway: The Nichols Touch | 11/27/1964 | See Source »

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